Morneau Shepell understands the pressure to improve the bottom line at your organization and enhance your competitive position. You need to increase the productivity of your workforce, lower costs and achieve a better return for your HR programs.
With Morneau Shepell’s integrative approach, we leverage the depth and breadth of our HR consulting and outsourcing services to provide the best solutions for your organization. Core to cost effectiveness is ensuring you receive maximum value from your employees and your HR programs. We embed strategic thinking in our services, analyzing data for trends and issues, to help you reduce costs and maximize results.
Health and Benefits Consulting
Morneau Shepell’s health and benefits consultants help you discover immediate and long-term savings in the management of your employee health and benefits program, including plan administration, insurer premiums and funding. We provide guidance on how to improve retention, competitiveness and productivity through plan design, drug formularies, paramedical audits, and improved disability management.
Absenteeism and Disability Management
Our strategic approach to managing absenteeism means clients experience an average 23% reduction in absence duration, which translates into reduced costs. Morneau Shepell’s people leaders’ dashboard empowers managers to view the status of employees on short- or long-term disability leave so they stay informed and prepared, while our return-to-work program helps employees get healthy and productive faster.
The average lost-time workers’ compensation claim cost is over $11,700. Our trusted expert consultation plus proven claims management expertiseresults in reduced payments for clients’ workers’ compensation programs and 34% lower workers’ compensation costs. Our technology empowers employers to submit and track claims online, providing assurance that required paperwork is completed and submitted correctly and on time.
Thirty per cent of disability claims now relate to mental health issues, costing employers an average $1,500 per person each year. Morneau Shepell’s leadership in workplace mental health enables us to clarify the complexities of mental health issues to manageable actions that achieve measurable results. An estimated 15% to 33% reduction in psychological health costs is achievable when effective and appropriate policies and programs are implemented. The return is even higher when services are combined.
Employee and Family Assistance Program (EFAP)
Providing employees with support and help where and when they need it helps them stay productive. As Canada’s largest EFAP provider, Morneau Shepell offers counseling, coaching, programs and tools to help your employees achieve a healthy work-life balance. Our clients have seen an average ROI of up to 8:1 and a 36% reduction in short-term disability (STD) duration by combining their STD program and EFAP.
CUT COSTS AND INCREASE EMPLOYEE SUPPORT
Contact us to understand how you can provide results-focused, more cost-effective HR programs.